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Stock Market & Financial Investment News

News Breaks
February 20, 2013
17:20 EDTBUD, STZ.B, STZAB InBev seeks to resolve DoJ's litigation about acquisition of Grupo Modelo
Anheuser-Busch InBev (BUD), Grupo Modelo, S.A.B. de C.V., Constellation Brands (STZ, STZ.B) and Crown Imports are engaged in discussions with the U.S. Department of Justice seeking to resolve the Department of Justice's litigation challenging AB InBev's proposed acquisition of the remaining stake in Grupo Modelo that it does not already own. In connection with such discussions, the parties and the Department of Justice have agreed to jointly approach the court to request a stay of all litigation proceedings until March 19. There can be no assurance that the discussions will be successful. The filing today also reiterates AB InBev's and Modelo's position that the revised transaction resolves the concerns raised in the DoJ's complaint.
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February 20, 2015
06:32 EDTBBarnes Group reports Q4 Industrial sales up 8% to $198.2M
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06:32 EDTBBarnes Group sees FY!5 adjusted EPS $2.42-$2.57, consensus $2.49
Sees FY15 revenue growth of 3%-6%, consensus $1.34B. Sees FY15 organic revenue growth of 6%-9%. Sees FY15 operating margins to be in the range of 16%-17%. Sees FY15 CapEx $55M-$60M. Sees FY15 cash conversion to approximate 100% of net income.
06:30 EDTBBarnes Group reports Q4 adjusted EPS 62c, consensus 61c
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